LONG: If it breaks the top trend line. Enter on flag retracement. Confirmed the end of a 3 wave corrective pattern and (maybe) the beginning of a 3rd wave began in 2011 September
SHORT: If it fails to break the previous top ~5300. Look for flag. Completing a 5 wave corrective pattern
SHORT: If it fails to break the previous top ~5300. Look for flag. Completing a 5 wave corrective pattern